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jenninbtc
Mar 11, 2014 5:44 PM

Simple Triangles 

Bitcoin / U.S. dollarBitstamp

Description

The breakout from the smaller, green triangle, does not have much room and will likely be small. It terminates around March 14, while the larger triangle looming from the ATH terminates some time in mid-April. Triangles can break at any time, but without any major news I'm expecting this sideways/slightly down movement to continue until termination of the larger triangle.
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